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Author Topic: One Altcoin to invest  (Read 6120 times)
havoc928
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February 29, 2020, 11:27:02 AM
 #61

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
ETH would be good but it is better to have 2 or 3 altcoins to hold/trade.
What actually saying is that it is safe to have more coins rather than having just one when it regards to altcoins. Volatility makes the market at risk and if you are only investing just one coin, it gives you a hard time recovering if ever you lose.
What I'm interested in is the profit to enter this market because this market is very volatile and certainly not always you can make a good profit. In fact, any investment needs to be carefully researched and has a reasonable investment strategy to ensure profit when participating. Personally, I only choose some coins in top 100 CMC because these are the coins that can help me to make a profit in the near future.

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February 29, 2020, 11:44:56 AM
 #62

I think you better just hold bitcoin, but if you want to buy altcoin don't be all in at least you still have a few btc to invest. Invest in some altcoins on top of 50 coinmarketcaps. Never invest them in new projects before you do your research and believe the project is legit.

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February 29, 2020, 11:49:42 AM
 #63

At this moment it's hard to choose what only one altcoins to invest because literally they have lot's that you can pick.
But if you still holding the 0.2 bitcoin that you have and wait to fully recover the value you gain money for sure.
But if you really want to invest one altcoins only ethereum is the answer because until today this altcoin is best altcoins in all coins in crypto.
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February 29, 2020, 12:22:49 PM
 #64

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
After the negative statement made about the upcoming halving and the attitude of the governments and institutions towards privacy coins. Crypto investment has changed and some of the altcoins that are doing pretty good before now have poor performance.
I will just advise the OP not to choose controversial and centralized altcoin which BCH, BSV, XRP, NEO, EOS falls in that classifications but altcoin like ETH, KMD, NRG, DASH, MIXIN and BNB are good for ling term investment.

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February 29, 2020, 12:27:06 PM
 #65

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
If you have 0.2 btc at this time it means it's the same as the $ 1.7K you have.
now you want just for one altcoin we try with potential altcoin only according to CMC. if that you place it in BCH you will only get 5.5 bch, whereas in ethereum you will get 7.7 eth. but if you place on BNB, LTC, XRP you will get a lot. now all that remains is for you to feel the most suitable and feel that your analysis is correct. do not hesitate with your capacity for the placement of capital you want, it takes patience and not panic in deciding when to start selling or buying.

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February 29, 2020, 12:47:18 PM
 #66

Of course I would choose to invest in ethereum. The reason is very simple because in my opinion ethereum is still being best altcoins according
to the data on the coinmarketcap website. So I have no doubt if I have a capital of 0.2BTC I will invest in ethereum.And also the use of ethereum,
including those that are in great demand, because ethereum smart contracts are widely used by developers to build decentralized applications.
So I'm sure with the potential of ethereum will be able to generate large profits if we invest in ethereum.

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February 29, 2020, 12:56:15 PM
 #67

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
Keep your bitcoin instead, look at the present market condition, every top altcoins that are doing fine few days ago are now losing huge value, ETH is now at 223$ and Neo is back at 11$, the problem is it look like the price of Bitcoin will still fall further

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February 29, 2020, 01:44:34 PM
 #68

Of course I would choose to invest in ethereum. The reason is very simple because in my opinion ethereum is still being best altcoins according
to the data on the coinmarketcap website. So I have no doubt if I have a capital of 0.2BTC I will invest in ethereum.And also the use of ethereum,
including those that are in great demand, because ethereum smart contracts are widely used by developers to build decentralized applications.
So I'm sure with the potential of ethereum will be able to generate large profits if we invest in ethereum.
I totally support what you said because ethereum proves to be the best altcoin ever since it hit the crypto market not because of ETH rank on capital market and with the upcoming system upgrade planned by the ethereum team there will more benefit out ETH investment.

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February 29, 2020, 02:04:40 PM
 #69

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
It's always profitable to invest in Bitcoin, but it's profitable to invest in alts too, because alts are mostly faster and more profitable than Bitcoin.
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February 29, 2020, 04:19:38 PM
 #70

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
Keep your bitcoin instead, look at the present market condition, every top altcoins that are doing fine few days ago are now losing huge value, ETH is now at 223$ and Neo is back at 11$, the problem is it look like the price of Bitcoin will still fall further
The altcoin lost its value because the price of bitcoin declined. Don't you pay attention to ethereum prices in the form of bitcoin? the price is still stable, even when the price of bitcoin goes up, the ethereum price goes up even in the form of bitcoin. if you really want to change your investment into an altcoin, choose popular altcoins like ethereum, BNB, BSV, or others that have the potential to rise when bitcoin prices rise.
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February 29, 2020, 04:22:25 PM
 #71

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
It's always profitable to invest in Bitcoin, but it's profitable to invest in alts too, because alts are mostly faster and more profitable than Bitcoin.
Yes it is profitable in bitcoin there is mo doubt about it but if i were to have that 0.2 bitcoin i will keep the 0.1 btc and then divide the 0.1 btc to invest in some good looking altcoins such as XRP and ETH for those two are also profitable because of its usage amd demand. So i'll have bitcpin, xrp and ethereum in my portfolio but i will make it more diversify once i see some potential and profit in other altcoins.



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February 29, 2020, 06:03:16 PM
 #72

choose between eth, xrp, or bnb is an altcoin that has a good future but buying one coin for investment has a big risk in my opinion, why don't you buy all above altcoins with same amount it reduces risk of loss

   He already has Bitcoin, I don't understand why he wish to invest his Bitcoins in some alt-coin. What he need to do is to keep
Bitcoins and to invest in Ethereum, in the first place, after that he can invest in other alt-coins.
   When people wish to have just couple coins, than Bitcoin and Ethereum should be the right choice to make. Everything else can
be good, can be more profitable, but this two will be on top for many more years.



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February 29, 2020, 07:08:30 PM
 #73

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
Actually, there are pros and cons when investing Bitcoin—you may get a lot of profit from Bitcoin when you get the right timing of bull run but bull run doesn't always occur so you must have to be prepared for a long term investment. Patience is the key here to become successful in trading with your investment. While some altcoins may take a little time to start their bull market yet once their bull run is done it might be impossible to see some altcoins to recover again.

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February 29, 2020, 11:44:46 PM
 #74

Well, you can consider ERD. They have a piece of good news in the upcoming month, besides, in the next 3-5 weeks, they will launch their mainnet. The battle of node game will be integrated into the Samsung blockchain which will expose the token to millions of users.

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March 01, 2020, 12:29:46 AM
 #75

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
I don't want to give an altcoin to you because at first place, it is your own money and you should be the one who will decide which coin are you willing to invest your 0.2 BTC

If I have that amount of BTC and decided to invest it on an altcoin, Ethereum will be my choice. I have watched videos on youtube regarding the incoming developments of ETH including the changing from POW to POS to lowering the inflation to decreasing the gas fees. If this will be implemented in the next years (which I know it will), I'm pretty sure that this will help the price of ETH to rise. Invest it on ETH if you don't want BTC.

Good luck.

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March 01, 2020, 12:43:12 AM
 #76

0.2 BTC in hand.. One Altcoin to invest? Please share your thoughts.
Ethereum will likely double your investment, big space to increase its price now since bull run might happen in the next months.
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March 01, 2020, 01:47:10 AM
 #77

choose between eth, xrp, or bnb is an altcoin that has a good future but buying one coin for investment has a big risk in my opinion, why don't you buy all above altcoins with same amount it reduces risk of loss
Most of the coins you list are growing thanks to Bitcoin's price increase so these old options are not recommended at this time. I think it should take time to look for new coins because these are very high potential coins and you will definitely make a big profit if there is good news. In addition, I am also investing in a number of long term coins in the top 10 but will sell when profitable.

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March 01, 2020, 04:31:55 AM
 #78

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
It’s His choice mate and I’m sure he already buckets Bitcoin for safeties thats why he is expanding His folio with altcoin.
And also he might have many holdings and this amount is spare money to invest in another altcoin that is why he is asking for a solid one.

Actually i am doing the same thing if i have extra money and since i have already 6 currency under my holding i am looking for one best bet for the halving effect this year,so i am checking the recommendations in this thread also.
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March 01, 2020, 02:36:58 PM
 #79

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
It’s His choice mate and I’m sure he already buckets Bitcoin for safeties thats why he is expanding His folio with altcoin.
And also he might have many holdings and this amount is spare money to invest in another altcoin that is why he is asking for a solid one.

sometimes, there are some people who see the potential for altcoin as greater than bitcoin. however, it looks like he wants to take advantage of altcoin which has greater potential than bitcoin right now.
if it was me, I would not exchange it for another altcoin. maybe the potential of bitcoin is greater, and there could be an increase in dominance like in 2019 ago. if I choose altcoin, the choice is the best coins that have the largest volume, and I choose ethereum if there are assets that I really have besides bitcoin.
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March 01, 2020, 02:41:54 PM
 #80

Dont put your money in one "bucket". Why you invest in altcoin? actually bitcoin is still best choice.
Don't put money into a bucket? Do you understand what it means? If you want to make sense of it, you should invest in many different altcoins with bitcoin. Bitcoin investment is the first choice, but besides that we should also invest in the top altcoins to make a profit.









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Mars,           
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